CA Rachit Agarwal
84 articles written by CA Rachit Agarwal on ConsultEase.
TAXABILITY OF TDR ON OR AFTER 01.04.2019
TAXABILITY OF TDR ON OR AFTER 01.04.2019: TAXABILITY OF TDR ON OR AFTER 01.04.2019.Vide Notification No- 04/2019- Central Tax dated 29.03.2019 amendment has been made to Notification No- 12/2017 dated 28.06.2017 1. Services by way of Transfer of Development Rights 2. Transfer on or after
ANALYSIS OF THE NOTIFICATION ISSUED BY CBIC ON 29.03.2019
ANALYSIS OF THE NOTIFICATION ISSUED BY CBIC ON 29.03.2019: DEFINITION AS PER RERA: CARPET AREA- “carpet area” means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive
ANALYSIS OF ELIGIBILITY OF INPUT TAX CREDIT ON CAPITAL GOODS
ANALYSIS OF ELIGIBILITY OF INPUT TAX CREDIT ON CAPITAL GOODS: As per Section 2(119) of the CGST Act, “Works Contract” means a contract of building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein
Analysis of writ petition of Safari retreats
Prayer Sought in Writ Petition of Safari retreats 1) An application for a declaration to the effect that Section 17(5)(d) of the Central Tax Goods & Service Tax Act, 2017 as well as of the Odisha GST Act, 2017 are not applicable to the petitioner
Input Tax Credit on Post-sale Discount
Brief Analysis of order passed by Hon’ble Appellate Authority of Advance Ruling in respect of appeal filed by MRF Ltd against the order the AAR on the issue of Input Tax Credit on the consideration not paid by reasons of post-sale discount. Following is the
Right to transit ITC cant be taken away: Siddharth Enterprises vs Nodal Officer
Introduction: Brief Analysis of Writ Petition filed under Article 226 of the Constitution before High Court of Gujarat at Ahmedabad in case of Siddharth Enterprises vs Nodal Officer. Purpose of Writ: a. To allow filing of declaration in form GST Tran-1 and GST Tran-2, to
CERTIFICATE TO BE OBTAINED FOR CHARGING LOWER RATE
CERTIFICATE TO BE OBTAINED FOR CHARGING LOWER RATE C.B.I. & C. Instruction F. No. 354/52/2018-TRU Authenticated document to be relied upon by the developer to charge concessional rate of GST on CLSS housing.- As per the detailed Operational Guidelines available on Ministry of Housing and Urban
Discount to be added in value: Santosh Distributor AAR
In an application filed before AAR under GST, Kerala by Santosh Distributor reported in 2020 (32) G.S.T.L 105: Facts of the Case: 1. Applicant is authorized distributor of M/s Castrol India Ltd 2. Castrol India managing entire marketing activities of their products 3. Billing
Transfer of goods to Govt Depots will come under purview of Schedule I Tata coffee AAR
In an application filed before AAR under GST, Kerala by TATA Coffee Ltd reported in 2020 (32) G.S.T.L 120. Applicant during the course of the plantation of coffee cuts down the excessive trees grown as shade to coffee. Such trees are transported to Government
Rule 36(4) of CGST Rules, 2017- Imposition of restriction on the availment of the Input Tax Credit- Practical Difficulties
Rule 36(4) of CGST Rules, 2017 Rule 36(4) of CGST Rules, 2017 is inserted to curb ITC. The scam of ITC by many suppliers was the main reason behind it. But there are many practical issues related to it’s implementation. Let us have a look
GST Applicability on the supply of Ancillary Services in relation to the supply of Electricity
Case covered: Southern Power Distribution Company of AP Ltd. Facts of the case: 1. Applicant engaged in the distribution of electricity to consumers and also in the transmission of electricity from sub-stations and also make ancillary supplies such as connection, reconnection, supervision of the
Tax Liability on Issue of Gift Vouchers.
Case covered: Kalyan Jewellers India Ltd Issue Involved: Tax Liability on Issue of Gift Vouchers. Applicant Contention: 1. KJIL, as part of sales promotion, introduced the facility of issuing different types of Pre-Paid Instruments (hereinafter referred to as PPI’s). These PPIs are generally called